The company has lost billions and billions of market capitalization in the past decade. In more recent time, the SIFI label removal last year did not actually help its business growth. The insurer’s exposure to several natural calamity affected its profits—failing to meet analyst expectations in the past four quarters (a year). Some long-term investment funds have slowly trimmed exposure to the stock. The recent California fire also presents risks to the insurer.
It has not been pretty for the once mammoth financial firm.
Mark your calendars, AIG is expected to report its fourth quarter results on January 30, 2018 4:15 ET with consensus EPS estimates of $0.79 a share.
https://www.gurufocus.com/news/783044
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Submitted December 10, 2018 at 08:20AM by markyu007 https://ift.tt/2ROLuuK
